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Analysis of the Development Pattern and Characteristics of Government Support Policies for Small Technology Enterprises in China

In: Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

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  • Xinyu Zhang

    (University at Albany, School of Business)

Abstract

The development of modern science and technology market has led to science and technology-based SMEs becoming a major contributor to national economic development, however, because of their own developmental inherent deficiencies, many domestic science and technology-based SMEs are unable to overcome the difficulties encountered in the initial stage of business, and therefore need government support policies. In this regard, this paper analyzes the role of China’s science and technology-based small and medium-sized enterprises, and emphasizes the necessity of the state’s financial support for them. Combined with the current domestic development situation, this paper further analyzes the laws and characteristics of our government’s support policies, including financial subsidies, procurement support subsidies and tax subsidies, in order to provide some reference for the follow-up development.

Suggested Citation

  • Xinyu Zhang, 2023. "Analysis of the Development Pattern and Characteristics of Government Support Policies for Small Technology Enterprises in China," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Sikandar Ali Qalati (ed.), Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), pages 80-90, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-054-1_11
    DOI: 10.2991/978-94-6463-054-1_11
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